The aggregate balance of a Majors pool disclosed in the Daily Aggregate Balance column represents the aggregate balance of all outstanding Fannie Mae mortgage-backed securities for a Majors pool that have settled from the issue date through the close of business on the most recent business day. Because some of the related mortgage-backed securities may not yet be issued and outstanding, the aggregate securities balance for a Majors pool may be less than the aggregate balance of the mortgage loans in the related loan pool.